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DOJ busts $200 million 'Ghost Students' ring using AI to fake college attendance for loan fraud

Fraudsters used stolen identities of high school graduates who skipped college to apply for student loans, keeping fake online enrollment going with AI; DOJ's Operation Ghostbusters dismantled the $200 million ring.

Read the full story at Tom's Hardware ↗

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  1. 2026-10-31 15:37 · Tom's Hardware
    'Ghost Students' using AI to apply for student loans with stolen identities, DOJ's Operation Ghostbusters busts $200 million ring

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